President John Dramani Mahama has declared that the government has completely repaid the $500 million World Bank guarantee, inclusive of interest, as of December 31, 2025.
He stated that this action fully restores the facility and enhances Ghana’s reputation as a trustworthy and dependable partner on the global stage.
“As of December 31st, 2025, the government has entirely repaid and reinstated the full $500 million World Bank guarantee, including interest.
“This has completely restored the facility and reaffirmed Ghana’s position as a credible and reliable partner on the global stage,” President Mahama remarked while presenting the 2026 State of the Nation Address in Parliament on Friday, February 27.
He emphasized the repayment as part of broader economic accomplishments, including Ghana exceeding the $100 billion threshold for the first time—a significant milestone expected to position the country among Africa’s largest economies.
The President also commended the government’s achievements in stabilizing the national currency, pointing out that the cedi appreciated by 40.7% against the US dollar, 30.9% against the British pound, and 24% against the Euro.
“We did not merely halt currency instability; we fortified the cedi to enable it to compete effectively against other currencies,” Mahama stated.
The complete repayment of the World Bank guarantee highlights Ghana’s improved fiscal management, economic resilience, and dedication to maintaining trust with international partners.
